Best Life Insurance rates for a 32 year old.

life insurance age 32

32 year olds typically will have no problem finding inexpensive life insurance rates by age. However, it is still important to apply with the right company from the start. Choosing the right company means selecting a company that focuses on the best rates for those with your unique health or lifestyle.

Here is our #1 tip for anyone seeking life insurance at age 32: seek out no medical exam life insurance. Your coverage will be in place fast and you will avoid having to take a paramed exam.

Life Insurance for a 32 Year Old.

Today is a perfect time to lock in a great rate on either a term or whole life insurance policy.  At age 32, we generally have a better idea on exactly how much coverage we’ll need to protect our loved ones and a pretty good idea what will and won’t fit within our budget.

Knowing how much coverage you need to protect your family and knowing how much you can spare within your budget for insurance are two reasons why buying life insurance at age 32 is a great time to buy.  That is because at age 32, life insurance should be:

Life insurance at age 32.

Affordable Life Insurance for a 32 year old:

Buying life insurance age 30+ will generally be very affordable because people who are thirty two years old are typically healthy.  For this reason, insurance companies are going to look at thirty two year olds as a good risk and will aggressively compete for their business.

This competition in the market place will lower the rates on many term and whole life options making buying life insurance at age 32 an ideal time to lock into coverage for a very long time.

Business Owner Life Insurance

Many young entrepreneurs begin their businesses in their 30s. For business owners, having a business succession plan in place is important. However, this is typically way down the list for a 32 year old business owner. But the amount of savings for your business over the long term can be substantial for those with the vision to get business protection in place now, instead of waiting until your 50s and 60s as so many do.

A few areas where coverage can really help a business is to fund a buy sell agreement, cover a key person, or to help get an SBA loan. All of these policies will be less expensive the younger you are when purchasing.

Possible Life Insurance Rates for a 32 year Old

For example, a 32 year old male in perfect health taking out a $250,000 10 year term policy would pay about $9-10 a month. And a universal life policy for $250,000 to age 100 would run a little over $100 a month on an annual plan. That same 32 year old male would only pay around $12-14 a month for a no medical exam term life insurance policy.

And life insurance for 32 year old females is even less. That means a 32 year old woman in great health would pay less than $9 a month for a $250,000 10 year term life insurance policy. And in reality, how many frivolous purchases do we all make on a monthly basis for more than $9? So the question is, what is more important, a dinner out or providing for your loved ones if you die prematurely?

Sample Life insurance quotes 32 year old male

All quotes are based on life insurance for a 32 year old male at a preferred plus rate class from A rated carriers. Last updated 2014. Rates must be qualified for.

Face Amount
10 year
15 year
20 year
GUL to 121


Sample Life insurance quotes 32 year old female

All quotes are based on life insurance for a 32 year old female at a preferred plus rate class from A rated carriers. Last updated 2014. Rates must be qualified for.

Face Amount
10 year
15 year
20 year
GUL to 121


Easy to qualify for:

Getting life insurance at age 32 should also be simply due to the fact that most 32 year olds are in pretty good health.  At age 32 few have been clinically diagnosed with conditions that might make qualifying for life insurance more difficult or more expensive such as:

Now if you have been diagnosed with one of these conditions already, it’s not the end of the world, it just makes getting life insurance now all the more urgent. As you grow older, these health conditions may make life insurance very hard to get or may keep you from being able to get life insurance at all.

More options to choose from:

Buying life insurance at age 32 allows applicants to pick and choose among dozens of different options which may or may not be available to older applicants.  For example, different types of life insurance polices such as:

  • Return of Premium Insurance policies.
  • Whole life insurance policies.
  • And Universal Life Insurance policies.

These policies should be considered as viable options for most 32 year olds simply because at age 32 they could be really affordable and provide some significant benefits that traditional term policies simply don’t have.

However, you need to do a thorough needs analysis to make sure your family is properly insured. If you have to decide between whole life policy with a low face amount due to budget constraints, you might want to choose a shorter term policy that allows you to get the necessary face amount. It is better to have a bigger face amount policy than a longer term because you may not need life insurance down the road, but you definitely need it now. If you are not sure which way to go, TermLife2Go can help.


We know that for a lot of individuals, especially those who are just starting a family, having a “ton” of discretionary income simply isn’t a reality.  So, despite the fact that you may have all the reasons in the world to purchase a term or whole life insurance policy right now, having the “funds” to do so just isn’t possible!

For this reason…

We’ve also chosen to write several articles sharing some of the knowledge that we have acquired over the years working with 1000’s of clients concerning how they earn a living.

You see, nearly every time we complete a life insurance application for one of our clients, one of the first questions that we need to ask is:

“what do you do for a living?” and “what would you estimate your annual income as?

Which means that over the years, we’ve become really familiar with a wide range of different career paths and opportunities that a person can take.  Some of which you would probably never think of on your own!

And since we still have your attention…

One can assume that “most” folks who end up purchasing a term or whole life insurance policy do so, so that their loved ones would be protected “financially” in the event of their death.

But what happens if you get sick but don’t die?

Would your family’s financial future still be protected?  Probably not.  This is why we like to encourage folks to also take a look at some of our other articles that discuss other “types” of insurance policies as well so that regardless of what happens in the future, your family will be well prepared:

And because…

Our number one goal here at TermLife2Go is to help individuals and families secure their own financial security and independence, we wanted to share with you what we’ve learned.

So, after you’ve had a chance to visit our Life Insurance Quotes page feel free to check out our 100 Ways to Make Money Fast and our Top 23 Apps That Will Make You Money.

2 comments... add one
  1. Earic

    Look I am a 35 year old male. I am a bit over weight and have diabetes. So what kind of problem may I face to get a life insurance. I want a low coverage , is my health condition going to cause any problem?

    • TermLife2Go


      Having diabetes will certainly complicate your life insurance application, but it won’t make it impossible to get insured.

      You’ll just want to make sure that you choose to apply for coverage with a company that is more “diabetic friendly” than most insurance carriers.

      We can help with that, so just give us a call when you have a chance.



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